BNY Mellon Strategic Municipal Bond Fund
DSM
95 hedge funds and large institutions have $156M invested in BNY Mellon Strategic Municipal Bond Fund in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 26
27% more capital invested
Capital invested by funds: $122M → $156M (+$33.3M)
2.29% more ownership
Funds ownership: 42.6% → 44.89% (+2.3%)
8% less funds holding
Funds holding: 103 → 95 (-8)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$3.79M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.51M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.33M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$806K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.46M |
| 2 |
Morgan Stanley
New York
|
-$963K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$729K |
| 4 |
VanEck Associates
New York
|
-$492K |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$291K |
DSM Hedge Fund Activity: Q1 2025 in Review
95 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Strategic Municipal Bond Fund (DSM) for Q1 2025, worth a combined $156M — up 27% from $122M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DSM and 6 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 35 added.
The largest buyer was Pathstone Holdings, adding an estimated $3.79M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.46M sold.
- 95 institutional investors held BNY Mellon Strategic Municipal Bond Fund (DSM) as of Q1 2025, down from 103 in Q4 2024.
- Funds reported $156M of BNY Mellon Strategic Municipal Bond Fund stock for Q1 2025, up 27% quarter-over-quarter.
- 6 funds opened new BNY Mellon Strategic Municipal Bond Fund positions in Q1 2025 and 13 closed out, a net change of -7 holders.
- The largest BNY Mellon Strategic Municipal Bond Fund buyer in Q1 2025 was Pathstone Holdings, an estimated $3.79M added.
- The largest BNY Mellon Strategic Municipal Bond Fund seller in Q1 2025 was Advisors Asset Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2025.